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Market Update – Data Centre Expansions Support Economic Growth

Posted on 4 June 2026

Source: API

After a strong performance in the December quarter, economic growth moderated notably in the March quarter largely due to a decline in net exports. Otherwise, private investment in machinery and equipment—on the back of the data centre boom—gave the economy a boost. Household spending also remained solid in early 2026, but this will be tested in the coming months amid rising unemployment and falling real wages. 

This Market Update provides a handy summary of the current economic environment.

Highlights

  • Economic performance by state and territory
  • League table of industry performance
  • Key factors influencing various property asset classes

Read Dr Sherman Chan's full Market Update.

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